This article was automatically generated by Dow Jones using technology from Automated Insights.
Shares of Lam Research Corp. plunged 10.2% to $351.41 on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index remaining mostly unchanged at 7,483.24 and the Dow Jones Industrial Average rising 1.1% to 52,900.07.
This was the stock's second consecutive day of losses.
Lam Research Corp. closed 19.9% short of its 52-week high of $438.50, which the company achieved on June 30th.
The stock underperformed when compared to some of its peers, as Advanced Micro Devices Inc. fell 4.3% to $517.82, Applied Materials Inc. fell 7.4% to $603.04, and Analog Devices Inc. fell 3.04% to $377.16.
Trading volume totaled 18.5 million, compared to the 50-day average of 11.3 million.
Data source: Dow Jones Market Data, FactSet
(END) Dow Jones Newswires
July 02, 2026 16:33 ET (20:33 GMT)
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